The Interim Central Bank of the National Unity Government (NUG) announced today, July 27, that the 20,000-kyat banknote that the Military Council plans to issue at the end of this month is illegal.
The statement said that the military council’s 20,000 kyat notes will not be recognized by the NUG and its successor governments and are considered illegal notes. Whether by the illegal coup military council or by any of its successor organizations; from any of its subsidiary organizations; It is written that printing new types of banknotes is an illegal act.
The NUG said that the military council, which is in crisis on both sides, has started printing a new type of banknote in order to prolong their life and continue to carry out brutal terrorist attacks against the people. Due to the naive actions of the military council, the risk of conflict that has not been experienced before.
While suffering from poverty and epidemics, households, businesses. According to the input, the printing of new currency notes, which will cause further distress to investors and the public, is an unacceptable act. #Era’sEye
